Crude Oil Under Pressure: Testing Major Support Amid Downtrend

CRUDE OIL was closed on Friday at weekly lower levels after testing the high level of $ 73.12 in the weekly trading session as WTI crude oil futures lost nearly 2.9% to settle $70.4 per barrel, posting a 0.5% decline for the week, as concerns over Russian supply disruptions provided support while uncertainty loomed over a potential Ukraine peace deal.

Recent News

NASDAQ making bullish Flag in 1HR

February 14, 2025

Market Insights

Head & Shoulder pattern alert on Gold: t...

April 25, 2025

Market Insights

DOWJONES making a bullish flag on daily...

February 13, 2025

Market Insights

Crude Oil Under Pressure: Testing Major...

February 22, 2025

Market Insights

Gold Forms Bullish Flag Above $4,000 — E...

October 25, 2025

Market Insights

Gold consolidates but remains vulnerable...

April 29, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window